BNEF: by 2040, almost 60% of new car sales will be electric
According to estimates by Bloomberg sales of fuel and vehicles has already peaked, and perhaps never more to rise, because the price of batteries fell. The increase in the number…

Continue reading →

BNEF: by 2040, almost 60% of new car sales will be electric
According to estimates by Bloomberg sales of fuel and vehicles has already peaked, and perhaps never more to rise, because the price of batteries fell. The increase in the number…

Continue reading →

Buy or not buy electric cars after commercial use
New electric cars, though falling in price faster than expected, but still remain quite expensive. Therefore, for the Ukrainian buyer, the alternative is the purchase of electric vehicles with mileage,…

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Monthly Archives: December 2017

BNEF: by 2040, almost 60% of new car sales will be electric

According to estimates by Bloomberg sales of fuel and vehicles has already peaked, and perhaps never more to rise, because the price of batteries fell. The increase in the number of electric vehicles, in turn, means that the peak demand for oil can come in just 10 years.

According to a new Bloomberg NEF report, oil demand is projected to peak in 2028 for passenger cars and in 2035 for commercial vehicles. The rapid growth in electric vehicle sales will cause a slowdown, a peak, and then a drop in oil consumption. Oil prices and the cost of investment in oil companies will fall. Continue reading

Electric cars will not save the planet without renewable energy

Several countries, including France, Norway and the UK, are planning to abandon fossil-fuel-powered cars by 2040-50 to reduce air pollution and combat climate change. The idea is to replace cars with internal combustion engines by electric vehicles. However, this is unlikely to help the environment, as electric vehicles are charged with electricity, which is produced from the same “dirty” fossil fuel.

By 2040, global electricity consumption by electric vehicles will rise to 1,800 TWh — about five times the current annual electricity consumption in the UK. Using UK data as a benchmark, carbon emissions will amount to an additional 510 megatons coming from the electricity sector worldwide. But this figure can be significantly reduced if electricity is produced exclusively from renewable energy sources and not from fossil fuels. Continue reading

Six reasons why you should rent an electric car
Electric cars are rapidly and successfully becoming part of the automotive industry — in 2018, almost 400,000 electrified cars (clean electric cars and plug-in hybrids) were registered in Europe, and…

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Research: electric cars can save billions on healthcare
According to the Australian study "Clean and safe roads for New South Wales" and its report, health care costs could be reduced by billions of dollars if drivers in the…

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What can France tell the world about selling electric cars?
France plans to ban fossil-fuel-powered cars by 2040, and Paris has said it will ban them by 2030. However, only 2% of all cars sold in France in 2018 were…

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Problems of using electric vehicles in winter and their solutions
Lithium-ion batteries are very sensitive to temperature. At the same time they are equally bad tolerate extremely high and too low temperature, because when it gets very cold, the electrolyte…

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